Gold fell 7.3% to 563.40 in Tuesday’s trading. This is the greatest decline in a single day in the last 15 years of gold trading. There are numerous reasons for this large decline.

• U.S. fears of increasing Fed rates
• Decreased liquidity in U.S. commodities markets
• Decreased liquidity in global reserve banks for commodities
• Corrections in U.S. and global stock and commodities
• U.S. baby boomers liquidating or selling their investments (I find this semi-questionable)

I feel the next few weeks of equities and commodities trading will be crucial for the overall global markets. The next few weeks will determine if we will be heading continually lower, or if the correction will be coming to an end, signalling a new rise in prices.

We have already experienced a correction in the U.S., which is “defined” as a 10% drop in overall market prices. I see gold continually decreasing as this great fall in global markets has shaken and scared many investors and traders.

Are any readers buying gold? Any selling? What are your opinions?

Today after the close look for the following companies to report: ASHW, COO, DSW, LZB, MATK, and VTS.

Tomorrow before the open look for the following companies to report: ABWD, ALOG, UTIW, and MTN

Trading Winner Accepted In To 9rules Network

Today is a very exciting and special day for me and TradingWinner.com. We were just accepted in to the 9rules Network!

What is the 9rules Network?

We highlight the very best web content in the world, and package it in a nice bow for you to unwrap. Our members discuss a wide range of topics from interface design and technology, to business, humor, and many others.

Being accepted as a 9rules member is very motivating for me. To be considered by 9rules as having “the very best web content in the world” is a great honor for me and TradingWinner.com. It is also quite humbling. TradingWinner.com will be right next to other great blogs and resources on 9rules.com. Some of these blogs are full time jobs run by professional bloggers. I am far from being a professional blogger. I am not a great author. I’m not the most successful stock trader. I do try my hardest to improve all of the above.

Being accepted motivates me to work even harder developing my skills as a trader, as a writer, and as an online professional. I try my hardest to give my readers and visitors great trading articles and a great experience visiting my blog. I am committed to constantly improving every aspect of Trading Winner.

Congratulations to all of the new members accepted by 9rules!

Related:

• 9rules Network
• 9rules Business Community
• 9rules Round 4 List of selected sites

I came across an article about the possible NYSE and Euronext merger on Yahoo! news: NYSE Euronext Would Offer 12 Trading Hours If the merger proceeds, NYSE Euronext would be trading across 2 continents during 12 hours of trading. I think this would be fantastic. This would cause a lot more action in the markets with the potential for a lot of new traders and an inflow of capital. I’m waiting for the coming day of 24 hour trading - non-stop trading action. I believe 24 hour trading is still another 5 to 10 years away. What are your thoughts?